28 September, 2015 by The TZ Newswire Staff Comments Off on World’s biggest agricultural trading house to dump its hedge funds
World’s biggest agricultural trading house to dump its hedge funds
Cargill is a private firm, the world’s biggest agricultural trading house. It plans to sell 3 hedge fund businesses to employees, and bring two others back into Cargill from Black River.
28 September, 2015 by The TZ Newswire Staff Comments Off on Yahoo pushes on with risky Alibaba spin-off
Yahoo pushes on with risky Alibaba spin-off
Yahoo will proceed with its planned Alibaba spinoff, even though the IRS hasn’t ruled whether the move will be tax free.
28 September, 2015 by The TZ Newswire Staff Comments Off on Bloomberg: 15-month commodities free-fall is starting to resemble a full-blown crisis
Bloomberg: 15-month commodities free-fall is starting to resemble a full-blown crisis
Here’s an article from that makes interesting reading
Bloomberg
But … further than that, is it an indicator we are approaching a sentiment extreme? Or … alternatively is there more downside to come?
28 September, 2015 by The TZ Newswire Staff Comments Off on When will Warren buffet buy VW stocks? And, how much?
When will Warren buffet buy VW stocks? And, how much?
Reasonable question, or not?
Given they’ve fallen so hard and so fast …. and Mr. Market hates them (at the moment) Buffett could get a decent sized chuck, if he so desired.
28 September, 2015 by The TZ Newswire Staff Comments Off on China stockmarket-Shanghai Composite to open down 1.5%
China stockmarket-Shanghai Composite to open down 1.5%
Shanghai Composite to open down 1.5%
CSI300 to open down 1.4%
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Stocks open at 0130GMT …. these are an indication as to where they will open
28 September, 2015 by The TZ Newswire Staff Comments Off on Yuan reference rate for today set by the PBOC at 6.3660
Yuan reference rate for today set by the PBOC at 6.3660
People’s Bank of China (PBOC) sets the USD/CNY mid-point reference rate
– prior close 6.3690
– Monday’s mid point setting was at 6.3729
And:
– PBOC to inject 40bn yuan into money market today via 14-day reverse repos
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28 September, 2015 by The TZ Newswire Staff Comments Off on Can Consumer Mutual Funds Save Your Portfolio?
Can Consumer Mutual Funds Save Your Portfolio?
Consumer-staples mutual funds have outperformed their cyclical peers in the past 10 years and are holding up better in this year’s sell-off. But the best performing fund for both periods is focused on retail stocks, which can be more cyclical. The average consumer-staples mutual fund has risen an average annual 10.2% in the past 10 years vs. 8.73% for the average consumer discretionary fund and 6.98% for the S&P 500.